— The company sold 2,858 BTC for $310 million, the total purchase price was 30,649 ETH ($80 million).
— The various fund accounts for 659,592 BTC ($70 billion), and 1,436,090 ETH ($3.7 billion) 🐋 — A change in focus on Ethereum can signal the emergence of growth in the ETH ecosystem, for example, through the development of staking, Layer 2 solution, or Exchange of ETFs on ETH.
— It is possible that BlackRock hedges exposures, diluting exposure to BTC, and Ethereum may have wider exposure (DeFi, NFT, smart contracts).
— Such a redistribution of capital indicates the growing trust of the institution to ETH as asset No. 2. — At the time of sale, the average price of BTC was ~$108,000 (obviously, the profit after growth is recorded).
— ETH, by the way, bought “in a falling market” — BlackRock can have a lot of growth potential here.
Musk announced the launch of XChat — a messenger with BITCOIN-like encryption
According to him, the application uses end-to-end encryption, supports disappearing messages, calls and sending any files. And the main thing is that there are no phone numbers, you can register anonymously.
$19.92 remained on the trading account of James Wynn, who entered longs for tens of thousands of dollars. James Wynn: "I'm going to start over, like I always do, and I like it. I like playing this game, I like the volatility, and money is all about the mentality. I made a well-planned bet and made billions of dollars."
The court renewed Trump's tariffs for a temporary period, which shook the markets, the SEC and Binance reached an agreement, and withdrew the lawsuit from the court.
Do you call $80 million a fortune? This is now barely enough for a super yacht.
This is a normal fluctuation when you trade billions with 40x leverage.
You stay in your lane, I'll stay in mine."
It sounds like an excuse and a slight optimism. Or maybe this will be the last thing written by a person who lost 80 cartoons in 6 days, or maybe Russian roulette will be next? 😭 #whale